Richard P And Doris Beneicke Family Foundation
Richard P And Doris Beneicke Family Foundation consistently spends more than its revenue, drawing down assets.
EIN: 200442532 · Birmingham, MI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $326K |
| Total Expenses | $318K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.6 |
| Net Assets | $1.6M |
| Transparency Score | 85/100 |
Is Richard P And Doris Beneicke Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Richard P And Doris Beneicke Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Richard P And Doris Beneicke Family Foundation
Richard P And Doris Beneicke Family Foundation (EIN: 200442532) is a nonprofit organization based in Birmingham, MI, classified under NTEE code T22. The organization reported total revenue of $326K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard P And Doris Beneicke Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard P And Doris Beneicke Family Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $312K |
| Total Expenses | $318K |
| Surplus / Deficit | $-5,985 |
| Total Assets | $1.7M |
| Total Liabilities | $22K |
| Net Assets | $1.6M |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 63.0 months |
Financial Health Grade: B
In 2023, Richard P And Doris Beneicke Family Foundation reported a deficit of $6K with expenses exceeding revenue, holds 63.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Richard P And Doris Beneicke Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.4% | -9.2% | -0.3% |
| 2022 | +2.0% | +8.4% | -4.8% |
| 2021 | +6.8% | -13.4% | -3.5% |
| 2020 | -2.5% | -2.2% | -6.7% |
| 2019 | +4.7% | +7.6% | -21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Richard P And Doris Beneicke Family Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Richard P And Doris Beneicke Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly efficient for an organization of its size with assets around $1.6 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Richard P And Doris Beneicke Family Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) leading to asset depletion.
Strengths
The following positive indicators were identified for Richard P And Doris Beneicke Family Foundation:
- Zero reported officer compensation, indicating high efficiency in leadership costs.
- Consistent IRS 990 filing history, demonstrating regulatory compliance and transparency.
- Likely high program spending ratio, typical for grantmaking foundations with low overhead.
Frequently Asked Questions about Richard P And Doris Beneicke Family Foundation
Is Richard P And Doris Beneicke Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Richard P And Doris Beneicke Family Foundation (EIN: 200442532) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Richard P And Doris Beneicke Family Foundation spend its money?
Richard P And Doris Beneicke Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Richard P And Doris Beneicke Family Foundation tax-deductible?
Richard P And Doris Beneicke Family Foundation is registered as a tax-exempt nonprofit (EIN: 200442532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Richard P And Doris Beneicke Family Foundation CEO make?
Richard P And Doris Beneicke Family Foundation's highest-compensated officer earns $1.6 annually. The organization reported $326K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Richard P And Doris Beneicke Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Richard P And Doris Beneicke Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Richard P And Doris Beneicke Family Foundation located?
Richard P And Doris Beneicke Family Foundation is headquartered in Birmingham, Michigan and files with the IRS under EIN 200442532. It is classified under NTEE code T22.
How many years of IRS 990 filings does Richard P And Doris Beneicke Family Foundation have?
Richard P And Doris Beneicke Family Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $326K in total revenue.
Is the Richard P And Doris Beneicke Family Foundation financially sustainable in the long term?
The foundation has consistently spent more than its revenue for over a decade, leading to a decline in assets from $3,336,774 in 2011 to $1,669,971 in 2023. This trend suggests a planned distribution of assets rather than long-term perpetual sustainability at its current spending levels.
What are the primary expenses of the foundation if officer compensation is 0%?
Given the NTEE code T22 (Private Grantmaking Foundations) and 0% officer compensation, the primary expenses are likely grants paid to other organizations, along with minimal administrative costs such as legal, accounting, and investment management fees.
How does the foundation's asset decline impact its future grantmaking capacity?
The consistent decline in assets, from over $3.3 million to $1.6 million, means the foundation's endowment for generating future revenue is shrinking. This will likely reduce its capacity for grantmaking in absolute terms over time, assuming current spending patterns continue.
Filing History
IRS 990 filing history for Richard P And Doris Beneicke Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Richard P And Doris Beneicke Family Foundation's revenue has grown by 8.5%, moving from $288K to $312K. Total assets decreased by 50% over the same period, from $3.3M to $1.7M. Total functional expenses fell by 31.7%, from $466K to $318K. In its most recent filing year (2023), Richard P And Doris Beneicke Family Foundation reported a deficit of $6K, with expenses exceeding revenue. The organization holds $22K in liabilities against $1.7M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $312K | $318K | $1.7M | $22K | — | View 990 |
| 2022 | $264K | $350K | $1.7M | $22K | — | View 990 |
| 2021 | $258K | $323K | $1.8M | $20K | — | View 990 |
| 2020 | $242K | $373K | $1.8M | $19K | — | View 990 |
| 2019 | $248K | $382K | $2.0M | $18K | — | View 990 |
| 2015 | $237K | $355K | $2.5M | $18K | — | View 990 |
| 2014 | $249K | $363K | $2.6M | $18K | — | View 990 |
| 2013 | $240K | $385K | $2.7M | $18K | — | View 990 |
| 2012 | $282K | $489K | $3.1M | $280K | — | View 990 |
| 2011 | $288K | $466K | $3.3M | $290K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $312K, expenses of $318K, and assets of $1.7M (revenue +18.4% year-over-year).
- 2022: Revenue of $264K, expenses of $350K, and assets of $1.7M (revenue +2.0% year-over-year).
- 2021: Revenue of $258K, expenses of $323K, and assets of $1.8M (revenue +6.8% year-over-year).
- 2020: Revenue of $242K, expenses of $373K, and assets of $1.8M (revenue -2.5% year-over-year).
- 2019: Revenue of $248K, expenses of $382K, and assets of $2.0M (revenue +4.7% year-over-year).
- 2015: Revenue of $237K, expenses of $355K, and assets of $2.5M (revenue -4.7% year-over-year).
- 2014: Revenue of $249K, expenses of $363K, and assets of $2.6M (revenue +3.9% year-over-year).
- 2013: Revenue of $240K, expenses of $385K, and assets of $2.7M (revenue -15.1% year-over-year).
- 2012: Revenue of $282K, expenses of $489K, and assets of $3.1M (revenue -2.0% year-over-year).
- 2011: Revenue of $288K, expenses of $466K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard P And Doris Beneicke Family Foundation:
Data Sources and Methodology
This transparency report for Richard P And Doris Beneicke Family Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.